Yes. As you make more money you owe more taxes. I've never had an issue with that. You know that You don't

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Jan 14, 2022
3:47:23pm

Baron AKA "Dear Leader"

Yes. As you make more money you owe more taxes. I've never had an issue with that. You know that You don't

have to make more money?

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Baron

Previous username: jarocho
Bio page: Baron
Joined: Sep 1, 2006
Last login: May 8, 2024
Total posts: 94,366 (32,833 FO)

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Messages

Author

Time

Just got a $25K check out of the blue from a family partnership investment. I

Hoopster

1/14/22 3:24pm

Nice humblebrag.

DiamondDog

1/14/22 3:26pm

This wasn't too humble. More like outright "look at me guys" brag.

1/14/22 3:33pm

Not a brag at all. It's more of a hassle right now for what may or may not be a

Hoopster

1/14/22 3:42pm

RE: Not a brag at all. It's more of a hassle right now for what may or may not be a

Baron

1/14/22 3:48pm

There we go. There's the humble part I was looking for.

ReyOso

1/14/22 3:57pm

Meh, not enough money to be a true brag

ldssdl

1/14/22 3:57pm

RE: Just got a $25K check out of the blue from a family partnership investment.

1/14/22 3:26pm

You’re complaining about having a significant interest in an FLP?

RdF3

1/14/22 3:26pm

That was gifted to him most likely. So free money.

1/14/22 3:32pm

congrats pres!

Sircumference

1/14/22 3:29pm

Sorry you got a large check out of the blue that you have to pay taxes on!

LiveCoug

1/14/22 3:31pm

That is the check for the taxes, means the gain is much more.

1/14/22 3:34pm

Oh, right, guess I should have not skimmed so fast.

LiveCoug

1/14/22 3:35pm

Complaining about a future inheritance makes me laugh.

1/14/22 3:31pm

Not complaining, it's just the tax situation gets worse every year and we are

Hoopster

1/14/22 3:35pm

One day distributions will start and you will be rolling in a ton of $$.

RdF3

1/14/22 3:35pm

It'll be easy for you. Just a K-1 to attach to your 1040. Should get it by March 15.

1/14/22 3:37pm

lol

lukeskywalker

1/14/22 3:55pm

Taxes don't get worse every year They go up and down and rinse and repeat. Sounds like a lack of perspective problem.

Baron

1/14/22 3:40pm

Worse from the standpoint of what we owe overall. As we are all nearing

Hoopster

1/14/22 3:44pm

Yes. As you make more money you owe more taxes. I've never had an issue with that. You know that You don't

Baron

1/14/22 3:47pm

Looks like we have a buyer:

ochobeeguy

1/14/22 3:33pm

You poor thing!

1/14/22 3:33pm

$25k is just the amount needed to pay your taxes on the gains, nice

BYUFootballisBack

1/14/22 3:39pm

Our executor always makes us do an A/B comparison and reimburses the difference

justAnotherCoug

1/14/22 3:41pm

Fun is that they took the rest of the proceeds, which are legally yours BTW and

Chester Copperpot

1/14/22 3:49pm

<< Deleted >>

OPINIONS

1/14/22 5:06pm

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